Tuesday, September 25, 2018Procore Acquires BIManywhereCarpinteria-based cloud software developer Procore, which develops software used in managing construction projects, has acquired BIManywhere, a developer of software used for construction and facilities management. Financial details of the buy were not announced. According to Procore, BIManywhere's platform offers up a 3D viewing engine for helping with communications across project teams, through both a mobile app and web application. BIManywhere is based in Oakland, California, and was founded (More info...)
posted on Tuesday, September 25, 2018(Full story)
Bonfire Ventures Aims To Raise New, $20M Fund, Bonfire Ventures Select ILos Angeles-based venture investor Bonfire Ventures, the venture capital fund led by SoCal VC veterans Jim Andelman and Mark Mullen, has launched a fundraising effort for a new fund, Bonfire Ventures Select I, according to a regulatory filing from the firm this week. Details on the new fund have not been announced by the investment fund. The regulatory filing indicates the first sale in the fund has yet to occur. Bonfire Ventures is an investor in such companies as Postie, Openpath, InvolveSoft, (More info...)
posted on Tuesday, September 25, 2018(Full story)
ObEN Shows Off Singing, Talking AI PersonalityPasadena-based artificial intelligence software developer ObEN has rolled out a new, singing and talking "AI personality" based on Chinese singing group SNH48, the company said today. The company said it has created the "world's first celebrity personal AI" based on one of the members of the Chinese music group, Aijia. ObEN's AI personality sang a duet with her real-life counterpart at a conference in China this week. ObEN says its technology uses AI and computer vision techniques, including na (More info...)
posted on Tuesday, September 25, 2018(Full story)
HG Data Buys Pivotal iQSanta Barbara-based HG Data says it has acquired Pivotal iQ, a provider of IT contract data, spend intelligence, and related information. Financial details of the acquisition were not announced. Pivotal iQ was based in London, with offices in New York and India. HG Data said the acquisition will help it expand its enrichment offerings. Pivotal iQ's information includes information on IT contracts, contract values, and renewal dates--used by companies to target upcoming sales opportunities. HG Da (More info...)
posted on Tuesday, September 25, 2018(Full story)
Acuant Acquired By Audax Private EquityLos Angeles-based Acuant, a developer of identity verification software, has been acquired by private equity investor Audax Private Equity. Financial details of the acquisition were not announced. Acuant was owned by Insight Venture Partners, Lightview Capital and Egis Capital Partners. Audax said it acquired a controlling interest in Acuant in the deal. Acuant is led by Yossi Zekri, President and CEO of the company, who said that the company now has "strategic resources to dramatically accelera (More info...)
posted on Tuesday, September 25, 2018(Full story)
Snapchat Lets Users Take Photos, Get Products Via AmazonVenice, California-based Snap has rolled out a new integration deal with Amazon, saying on Monday that it has added a new feature which lets users takes photos of physical products or barcodes, and automatically have those products ordered from the Snapchat camera. According to Snapchat, the new feature lets users point there camera at a product or barcode, and a link to that product--or similar ones--from Amazon will appear on their phone. Snapchat says the new feature is the "fastest way to sh (More info...)
posted on Tuesday, September 25, 2018(Full story)
Cirrus Insight Finds Growth FundingIrvine-based Cirrus Insight, a developer of software used to help sales people with managing their email inbox and calendar, has received what it says is a "significant" growth equity investment. The funding came from private equity investor Clovis Point Capital. Size of the funding was not announced. Cirrus Insight's software integrates directly with Gmail and Outlook, helping users manage the Salesforce sales process directly from their email inbox. Cirrus Insight's CEO and co-founder is Ryan (More info...)
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Inseego Names Enterprise VPSan Diego-based Inseego says it has named John Weldon as Senior Vice President of its Enterprise Saas Solutions business, leading up its cloud asset management and tracking solutions business. The business operates under the Ctrack brand. Weldon reports to chairman and CEO Dan Mondor. Weldon was previously working in Verizon's connected vehicle and workforce management arm, and also served as VP of Product Strategy at Telogis, among other companies.
posted on Tuesday, September 25, 2018(Full story)
CoreLogic: Hurricane Florence Caused Between $20 Billion And $30 Billion In LossIrvine-based property information provider CoreLogic estimates losses from Hurricane Florence hitting properties in North Carolina, South Carolina, and Virginia at between $19 billion and $28.5 billion, including both residential and commercial properties, storm surge and inland flooding, plus wind losses. According to CoreLogic, the losses covered by the losses covered by the National Flood Insurance Program (NFIP) is estimated to be between $2 billion and $5 billion, and insured losses covered (More info...)
posted on Tuesday, September 25, 2018(Full story)
Semtech Boosts BoardCamarillo-based analog and mixed-signal semiconductor maker Semtech has added two new board members, the company said on Monday afternoon, adding Rodolpho Cardenuto and Saar Gillai to the board. The company now has 10 members on its board of directors. Cardenuto is President of SAP's Global Partner Operations (GPO) organization; Gilai is CEO of Teridion, and also has served at Hewlett Packard Enterprise, HP Cloud, and 3Com; Gillai also is on the boards of SpaceIQ and Xilinx.
posted on Tuesday, September 25, 2018(Full story)